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Colliers - Newcastle

40 Smith Street Kempsey, NSW 2440

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40 Smith Street,
Kempsey, NSW 2440

Offices • Shops & Retail

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Prominent freehold asset in tightly held lifestyle precinct

  • Currently leased to ANZ
  • Total building area 344.8sqm*
  • Ample on-site parking
UNDER CONTRACT

The property is a prominent, standalone building situated on Smith Street in the heart of Kempsey’s main retail and commercial precinct. With the existing Lease to ANZ providing passing income and the upcoming Lease expiry in late 2021, the property represents an opportunity for investors and owner occupiers to capitalise on a tightly held regional market.

- Currently leased to ANZ
- Passing net income of $59,929* (plus GST)
- Total building area 344.8sqm*
- Total site area 992.7sqm*
- Ample on-site parking
- Zoned B3 Commercial Core


The property is being offered For Sale or Lease:
For Sale: $895,000 (sale of a going concern)
For Lease: $65,000 net per annum (plus GST)


*Approximate.

Property ID: 503843730Last Updated: 29 Nov 2022

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Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
40 Smith Street
Kempsey, NSW 2440
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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